Cryptocurrency Analysis and News Portal
When the news came out last month that the U.S. Office of the Comptroller of the Currency (OCC) had cleared banks to custody crypto assets, you may remember that I expressed surprise that the new crypto-friendly Acting Comptroller Brian Brooks had managed to get such a bold move through the
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Bitcoin has been surging higher over recent weeks and months. The cryptocurrency has done so well, in fact,
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Bitcoin and the entire crypto market are currently seeing some quiet price action. This newly established consolidation phase
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Tesla investors are beginning to short the company’s stock. As a result, the automaker is poised to hit the $20 billion short-interest threshold.Tesla Inc (NASDAQ: TSLA) has been making headlines with the company’s continuous growth. With a market capitalization of $253.34 billion, the automaker is now the 16th largest stock
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by Jay Hao, When I woke up earlier this week, I received many messages from my friends, who told me, “Stocks have skyrocketed.
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Bitcoin’s consolidation over the past few weeks hasn’t been seen as bullish by everyone. Case in point: institutional traders on the CME are currently net short on BTC futures.Yet, a trader says that those shorting have “terrible odds” of making money.Related Reading: Ethereum Could Soon “Rally Hard” as DeFi Hits Escape
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Bitcoin has found itself stuck in the $9,000s for weeks on end. Save for a few flashes of volatility, the cryptocurrency has traded within 10% of $9,000 for nearly two months now.Historical odds say that BTC has an extremely high chance of breaking out of this consolidation, but market data
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[sociallocker id="55298"] Long time trader John Bollinger has warned that bitcoin’s flash rally to over $10,400 on Monday was fake, adding that losses might be on the way.“This is a Head Fake at the upper Bollinger Band for $btcusd,” tweeted Bollinger, inventor of the Bollinger Bands indicator.A ‘head-fake’ trade
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[sociallocker id="55298"] Bitcoin’s latest move above $10,000 looks to have nullified a significant amount of selling pressure building in the market. The biggest cryptocurrency by market cap saw a bull breakout late on Monday, with the spot rise jumping from $9,440 to a 3.5-month high of $10,357, according to CryptoX’s Bitcoin
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Ethereum’s intense momentum stalled after it peaked at $145 this weekend. The cryptocurrency now appears to be well-positioned to see further upside, as this momentum significantly bolstered its market structure.The recent movement that led ETH to rally from the lower-$200 region to highs of $245 left a trail of destruction
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